IFT is a USA company and charges in USD. When you use a Non-USD credit or debit card, the Bank uses higher rates when converting currency. Often 3 to 5% higher than local money changer rates. This is how banks make money and provide you this service of international transactions. In addition to the higher conversion rate, banks may also charge a fee for foreign purchases. You can call your bank to find out more.
Info about the Amount Charged by IFT for Non-USD Credit/Debit Cards Print
Modified on: Tue, 31 Dec, 2019 at 12:10 PM
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